Daily Bankruptcy News
January 3, 2019


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Law:

Why Are So Many People Interested In Going To Law School Right Now?
(DBN)

The Surprising Way Recent Law School Graduates Are Getting Their First Job
(DBN)

Seward & Kissel Names New Bankruptcy Partner
(DBN)

Eversheds Partner Found Dead After Facing Behavior Complaint
(DBN)

Creating Order: Lifestyle tips for disorganized lawyers
(DBN)

Boies Schiller Faces $3M Malpractice Suit From Exiled Chinese Billionaire
(DBN)

Underpaying Associates Can Be Costly To Law Firms (Part II)
(DBN)

The California Bar Exam Wreaks Havoc Yet Again
(DBN)

New Lawyerly Lyrics For A Classic Christmas Carol
(DBN)

Good News For Lawyers: Demand For Legal Services Is Up — Especially In New York
(DBN)

Attorney general nominee Bill Barr's confirmation hearing set for Jan. 15-16
(DBN)

ATL Holiday Card Contest: The Winner! (2018)
(DBN)

Man Who Sued Law School Because He Didn’t Want To Take LSAT Asks Judge To Recuse Because Obama Appointed Him
(DBN)

Trump illegally asked Russia to help him win in 2016. He shouldn't get away with it Worst May Be Still to Come for Trump in Mueller Probe Mueller Investigation Update 2019: Trouble for Trump As Experts Predict Biggest Indictments Still to Come Incoming House Judiciary chairman plans to re-introduce Mueller protection bill Thursday Giuliani Tells Witches Not to Be Offended by Mueller 'witch Hunt' Comparison, Says Salem Trials Had 'Unjust' Executions Rudy Giuliani Roasted Over Bonkers Late-Night Twitter Rant About Witches
(DBN)
(DBN)

Weinstein Accusers Seek More Protections On Emails
(DBN)

'It is just hell': 7 regular people who spent 2 months undercover at an Arizona jail were horrified by the disturbing reality of life behind bars
(DBN)

Family's cars burned, swastika-ed, after teen's interracial relationship
(DBN)

Parkland commission backs proposal to arm teachers in Florida
(DBN)

Kochs to Push for Dreamers' Citizenship
(DBN)

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Judges:

If Shutdown Continues, Federal Judiciary To Reevaluate Impact On January 11
(DBN)

Trump outpaces past 5 presidents in confirmation of appellate judges Senate Confirms Slew of Trump Nominees
(DBN)

Chief Justice Roberts: ‘Incivility or disrespect’ more frequent than ‘overt sexual harassment’ in the federal judiciary John Roberts Praises Efforts To Rid Judiciary Of Misconduct, Ignores Misconduct Of His Colleagues
(DBN)

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Wall Street:

Dow futures point to a decline of more than 300 points at the open after Apple slashes guidance Apple lives up to Wall Street’s fears with massive revenue shortfall Apple downgrade ripples through the FTSE 100; Burberry and mining stocks drop Apple's warning a bad omen for Wall Street bulls
(DBN)

Apple plunges $56 billion in premarket trading, dragging global stocks after shock sales warning
(DBN)

Stocks rise, barely, on first day of trading after swinging around all day
(DBN)

Trump says the market's recent sell-off was just a 'little glitch' after stocks post the worst December since the Great Depression
(DBN)

Investors are officially panicking, Citigroup says
(DBN)

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Layoffs:

Buffalo: Atlas Linen workers on Grider Street will keep jobs despite bankruptcy
(DBN)

Online cosmetics retailer Julep lays off 102 employees as parent company files for bankruptcy
(DBN)

Long Beach: Layoff notices sent to 270 clinic employees as Golden Shore plans to close
(DBN)

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Autos:

Tesla shares tumble 9% as company misses Wall Street vehicle delivery estimates, cuts prices Tesla Delivered 90,700 Cars in Last Quarter Tesla Now America's #1 Luxury Brand
(DBN)

GM hit 200,000 US electric vehicles sold in 2018, triggering tax-credit phaseout
(DBN)

Teutul seeks return of Corvette in bankruptcy court filing
(DBN)

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Hedge Funds:

Hedge fund all-star David Einhorn posts his worst year ever, losing 34% in 2018
(DBN)

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Politics:

Trump's approval ratings are low but steady — possibly a good sign for his re-election chances
(DBN)

Romney declines to endorse Trump for 2020 Romney slams Trump's character in new op-ed Does Mitt Romney's op-ed even matter? Romney: How a president shapes the public character RNC chair McDaniel sides with Trump over uncle Mitt Romney Romney asserts his independence - and Trump's GOP critics see an opening The problem with Mitt Romney Mitt Romney's Noisy Arrival in Trump's Washington Trump Fires Back at Romney
(DBN)

Sen. Amy Klobuchar to decide on 2020 presidential bid soon
(DBN)

Elizabeth Warren says 'government has been bought and paid for' by big business. Political scientists say she's got a point Elizabeth Warren Polls Show Her Trailing Biden, Sanders & O’Rourke Warren supports withdrawing troops from Syria, Afghanistan There's a Reason Many Voters Have Negative Views of Warren—But the Press Won't Tell You Why
(DBN)

Trump Fears His Jilted Ex-Advisers Will Come Back to Haunt Him
(DBN)

Trump endorses the 1979 Soviet invasion of Afghanistan in freewheeling Cabinet meeting Trump rants about the government shutdown, stock market 'glitches,' Tom Cruise, and more during wild Cabinet meeting
(DBN)

Trump Slams Mattis Over Afghanistan
(DBN)

Americans' Long List for Congress Spans Education to Income
(DBN)

Yes, 2019 Is the Year You Were Worrying About
(DBN)

House Republicans' new reality
(DBN)

GOP candidate to request election be certified amid fraud scandal
(DBN)

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Religion:

"The secret not yet told": Women describe alleged abuse by nuns
(DBN)

Naming names: A reckoning is underway in US Catholic Church
(DBN)

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Electricity:

Dominion Energy completes buyout of South Carolina utility
(DBN)

The varying prices of power worldwide
(DBN)

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Economy:

The Fed is losing its ability to control interest rates, former Senate banking chief says
(DBN)

The first economic data from December is in and it shows trouble
(DBN)

U.S. manufacturers expand at slowest pace in 15 months as business confidence wanes, IHS Markit finds
(DBN)

Poll: Recession fears are growing
(DBN)

Federal Reserve took President Trump's advice on interest rates. Now he's not happy
(DBN)

U.S. Labor Participation Rate Since 1960
(DBN)

Dallas Fed: "Texas Manufacturing Expands Modestly, Outlook Worsens"
(DBN)

Credit Managers’ Index Ends 2018 on Sour Note
(DBN)

Analysts Warn of Rising Pressure Points in Global Debt
(DBN)

‘I see no way out’: Living paycheck to paycheck is disturbingly common
(DBN)

US Trade Rep. Lighthizer thinks more tariffs could be needed to get meaningful China concessions Apple drops 7 percent after warning on Q1 results as iPhones and Apple Watch sales disappoint due to trade war Tim Cook blames Trump's trade war with China as a big factor in Apple's slowdown Apple’s China struggles highlight US companies’ trade war vulnerabilities Tim Cook blamed China for Apple weakness: Here’s what he said about the country in 2018 Five Ways to Look at Apple’s Surprise Bad News The Trade War is Already Over
(DBN)

Global growth seen lower in 2019, UBS says, but it's not all bad
(DBN)

Trump sticks to his demand for a border wall after suggesting he could work with Democrats No solution on government shutdown emerges from White House meeting The Real Shutdown Fight Might Only Be Getting Started Trump falsely claims Mexico is paying for wall, demands taxpayer money before meeting with Democrats ‘This makes zero sense’: Fox host unloads on Trump for still claiming Mexico is paying for his wall Trump Allies Want Gov't to Stay Shut Down Poll: Federal Employees Overwhelmingly Oppose Shutdown, Only 30 Percent Support Wall From park toilets to courts, the US shutdown is leaving a big mess Trump's government shutdown rhetoric is a reminder of just how normalized shutdowns have become Trump reaches out as government shutdown enters day 11 Trump to Pelosi on shutdown, border wall: ‘Let’s make a deal’ Poll shows voters blame Trump more than Dems for government shutdown Federal Workers Sue Over Pay Denied During Ongoing Shutdown He can’t pick up his insulin because of the government shutdown. How workers are hurting Depressing photos show closed Washington, DC monuments and attractions as the government shutdown continues Banks and credit unions move to help federal workers hit by shutdown Shutdown persists; ‘Could be a long time,’ Trump says Nancy Pelosi reveals her endgame for negotiations with Trump: Democrats will give 'nothing for the wall' Trump reportedly said Nancy Pelosi, as 'a good Catholic,' should support his border wall because 'the Vatican has walls too' Second Trump Wall Meeting Who Wins the Government Shutdown Crisis?Tomorrow
(DBN)

Why the Next Fiscal Fight Could Be Much More Dangerous
(DBN)

Vermont has a higher proportion of people moving there from out-of-state than anywhere else in the U.S., study says More people moved out of this state than any other in America Report: Americans keep relocating, here's where Census: Texas, Florida Up, NY and Illinois Down
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Municipalities:

Out Of Bankruptcy, Detroit Reaches Financial Milestone
(DBN)

How AI Found Flint’s Lead Pipes, and Then Humans Lost Them
(DBN)

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Real Estate:

New report: As home sellers lower prices further, 2019 starts as a buyer's market
(DBN)

MBA: Mortgage applications fall nearly 10% MBA: "Mortgage Applications Decrease Over Two Week Period in Latest MBA Weekly Survey"
(DBN)

The top 10 cities to buy a house in for 2019, where jobs are plentiful, construction is booming, and young people are moving in
(DBN)

The Tap Bar building, six other El Paso properties, get new owners in Abraham bankruptcies
(DBN)

Here’s what rents did in all 50 states in 2018
(DBN)

‘They destroyed me.’ Wells Fargo’s mistake forced her to sell her home
(DBN)

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Asset Protection:

LuLaRoe's founders have been linked to 31 LLCs set up during the last 3 years — and a lawsuit alleges they're attempting to shield assets like a Gulfstream jet, a ranch in Wyoming, and a world-record-breaking supercar named Ruthie
(DBN)

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Oil/Gas:

Gas prices are soaring one day after Trump boasted they're so low they're 'like another Tax Cut'
(DBN)

Gas prices to start low, but push $3 a gallon by spring: forecast
(DBN)

Oil at the Mercy of Financial Markets
(DBN)

Oil Prices Rise As Saudi Oil Exports Plummet
(DBN)

Parker Drilling cites oil slump in urging approval of bankruptcy loan
(DBN)

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Food/Beverage:

Atlanta: Bankrupt restaurants The Mercury and The Pinewood seek to hold leases until May
(DBN)

Hampered by Equipment Delays, Big Bend Brewing Suspends Operations
(DBN)

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Tech:

A look inside the trouble at Silicon Valley's August Capital
(DBN)

Apple’s iPhone warning comes years too late
(DBN)

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Hollywood:

Recession Fears Grip Hollywood: Can the Movie Biz Survive a Downturn?
(DBN)

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Education:

Rural Colleges’ Lender of Last Resort
(DBN)

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Finance:

Alston & Bird’s Mike Parisi discusses alternative and bank lending in the middle market
(DBN)

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Aviation:

OneJet hearing canceled as former CEO provides more information
(DBN)

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Music:

Mariah Carey’s record-breaking day shows how little musicians make from Spotify
(DBN)

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Banking:

December 2018: Unofficial Problem Bank list declined to 77 Institutions, Q4 2018 Transition Matrix
(DBN)

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Travel:

The government shutdown could spur more flight delays making travel a nightmare, air traffic controllers claim
(DBN)

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New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 new filings today)
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

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Exemptions:

Exemption for Government Assistance: How Needy Is Needy?
(DBN)

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Bankruptcy Policy:

Bankruptcy Hardball
(DBN)

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Mediation:

The Mediator as Proactive Leader
(DBN)

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D&O:

Portfolio Company D&O Insurance—Are the Director Designees of PE Owners Actually Covered?
(DBN)

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Litigation:

Litigation Finance Forecast: Six Trends to Watch in 2019
(DBN)

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Professional Compensation:

Well-Crafted Carve-out Provisions for Attorneys’ Fees in Cash Collateral Orders are Enforceable Even After Conversion to Chapter 7, Per the Sixth Circuit
(DBN)

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Miscellaneous:

14th Annual Review of Key Delaware Corporate and Commercial Decisions
(DBN)

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Retailing:

Eddie Lampert offers to save Sears or salvage pieces in a partial liquidation Sears Chairman Edward Lampert could find out by Friday if his $4.4 billion bid to keep retailer in business is viable Lampert to bid for Sears real estate if rescue attempt fails Sears chairman to offer $1.8B for company’s real estate holdings if auction bid fails Lampert Makes 11th-Hour Bid to Save Sears as Liquidation Teams Assemble Eddie Lampert has a back-up plan for Sears — and it could mean hundreds more store closures Sears Isn't Completely Dead Yet
(DBN)

Sears: The Path Not Taken
(DBN)

Cyrus, Omega Call Truce in Sears CDS Fight After Settling Trades An 'odd' ending to a hedge fund's battle over Sears notes
(DBN)

Wall Street Outlines Retail Stock Resolutions for 2019
(DBN)

2019 Will Be The Year JCPenney Flips -- One Way Or Another
(DBN)

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Healthcare:

Sabra asks bankruptcy judge to force surrender of Senior Care Centers communities
(DBN)

CHS Finalizes Sale of Two South Carolina Hospitals
(DBN)

Bankrupt Promise Healthcare plans Feb. 20 auction for remaining assets
(DBN)

New Delaware Chapter 11 Filing – Angel Medical Systems, Inc.
(DBN)

Judge allows Affordable Care Act to remain in effect pending appeal of his decision
(DBN)

House Democrats move to save Obamacare from death blow
(DBN)

I moved to Europe because I couldn’t afford to be a cancer patient in America
(DBN)

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Celebs:

'Celebrity Big Brother' Offers Big Money to Lindsay Lohan's Mom Amid Bankruptcy Case
(DBN)

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UK:

Unexpected bill of just £20 would prove difficult or impossible to pay immediately for 1 in 5 British adults – R3
(DBN)

Complicated task of obtaining redundancy pay for Carillion workers revealed Former Carillion bosses quizzed as government probe deepens Carillion bosses face fresh questioning over collapse Ex-bosses Philip Green and Richard Howson face ban in Carillion inquiry
(DBN)

Insolvency and 'zombie businesses'
(DBN)

Unpaid HES staff 'turning to food banks' after failing to claim redundancy
(DBN)

Brexit ‘bad or awful’ for UK economy in 2019 say economists Businesses Prepare for Prospect of 'No-Deal' Brexit Brexit does not matter because Britain no longer matters
(DBN)

New Year cheer for investors in battered U.K. retailers
(DBN)

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EU:

Europe's Airlines Face a Chilly Winter
(DBN)

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PIIGS:

Greece raises 1.85 bln USD in new year's first treasury bills auction
(DBN)

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China:

Stocks plunge on weak data out of China in new year market bloodbath
(DBN)

Companies from Apple to Ford are flashing warning signs about the Chinese economy
(DBN)

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Kenya:

Kenya may join nations at risk of default on external debt
(DBN)

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India:

Cash-Strapped Jet Airways Defaults On Repayment Schedule
(DBN)

Two years of IBC: Early harvest ‘extremely successful’; recovered Rs 80,000 crore, says Arun Jaitley
(DBN)

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Malaysia:

50 percent of Malaysian developers may face bankruptcy
(DBN)

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